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Property profile & analytics
OFF-MARKET
Office buildings

626 4th St Freeport, TX 77541-5613

1,188 SF 0.48 ac lot Built 1935
Individually Owned 3-yr Hold Free & Clear
Property ID
US82-2792605
Property summary
AI-generated overview

This exceptional Freeport, Texas property presents a compelling investment opportunity. Located at 626 W 4th St, 77541, in Brazoria County, this mixed-use offering encompasses two buildings situated on a substantial 21,000-square-foot lot. The main structure is a 3,750-square-foot warehouse, complemented by a 1,188-square-foot office building. The office space offers potential for residential conversion, subject to necessary permits and approvals. An additional concrete pad at the rear of the property provides ample space for expansion or additional development. The property's strategic location offers easy access to Highway 288 and the proximity to the Port of Freeport and numerous industrial plants makes it ideally suited for a variety of commercial uses. The asking price is $460,000. Currently, the electricity is disconnected. Further details and site visits are available upon request. This property's versatility and prime location make it an attractive prospect for investors seeking significant return on investment. The large lot size allows for considerable future development possibilities. Serious inquiries only.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1935
Total area 1,188 SF
Lot 0.48 ac (21,000 SF)
APN 4200-0825-000
UPID US82-2792605
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Charles F Salvaggio SR & Patricia S · 3 yrs held
Charles F Salvaggio SR & Patricia S
since 2023
3 recorded transactions
2023
Price N/A
2016
Price N/A
2013
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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